Income statement
| Metric | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | 343.7M | 353.8M | 230.9M | 165.9M |
| Cost of Revenue | 274.5M | 257.8M | 168.4M | 108.3M |
| Gross Profit | 69.3M | 96.0M | 62.5M | 57.6M |
| Operating Expenses | ||||
| R&D Expense | — | — | — | — |
| SG&A Expense | 19.6B | 79.2M | 36.0M | 36.6M |
| General & Admin Expense | 19.5B | 59.4M | 19.3M | 23.9M |
| Selling & Marketing Expense | 10.2M | 19.8M | 16.8M | 12.7M |
| Other Expenses | (19.5B) | 25.1M | 13.5M | 9.4M |
| Total Operating Expenses | 102.3M | 104.3M | 49.6M | 45.9M |
| Cost and Expenses | 376.8M | 362.1M | 217.9M | 154.2M |
| Operating Income (EBIT) | (33.1M) | (8.3M) | 12.9M | 11.7M |
| Non-Operating | ||||
| Interest Income | — | — | — | — |
| Interest Expense | 45.5M | 46.1M | 29.7M | 24.5M |
| Net Interest Income | (45.5M) | (46.1M) | (29.7M) | (24.5M) |
| Other Non-Op Income/Expense | (47.3M) | (48.2M) | (27.0M) | (24.4M) |
| Non-Operating Income (excl Interest) | 1.8M | 2.1M | (2.7M) | (61.0K) |
| EBT (Pre-Tax Income) | (80.4M) | (56.6M) | (14.1M) | (12.8M) |
| Income Tax Expense | (11.0M) | (8.4M) | (230.0K) | — |
| Bottom Line | ||||
| Net Income | (69.4M) | (48.2M) | (13.8M) | (12.8M) |
| Earnings from Cont. Ops | (69.4M) | (48.2M) | (13.8M) | (12.8M) |
| Earnings from Discont. Ops | — | — | — | — |
| Bottom Line Net Income | (69.4M) | (48.2M) | (13.8M) | (12.8M) |
| Per Share | ||||
| Basic EPS | ($1.27) | ($0.96) | ($0.28) | ($0.25) |
| Diluted EPS | ($1.27) | ($0.96) | ($0.28) | ($0.25) |
| Revenue Per Share | $6.00 | $7.05 | $4.60 | $3.31 |
| Shares | ||||
| Basic Shares Outstanding | 57.3M | 50.2M | 50.2M | 50.2M |
| Diluted Shares Outstanding | 57.3M | 50.2M | 50.2M | 50.2M |
| Profitability Metrics | ||||
| EBITDA | (15.1M) | 13.1M | 28.0M | 20.2M |
| D&A | 19.8M | 23.5M | 12.4M | 8.5M |
| EBIT | (34.9M) | (10.4M) | 15.6M | 11.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2025